1556 Gary, Redlands, California 92374, Redlands, 92374 - 4 bed, 2 bath

1556 Gary, Redlands, California 92374 home-pic-0
ACTIVE$765,000
1556 Gary, Redlands, California 92374
4Beds
2Baths
1,762Sqft
10,000Lot

Price Vs. Estimate

The estimated value ($672,586.01) is $92,413.99 (12%) lower than the list price ($765,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 1762.
Top Cons:
Overpriced Relative to Market Estimation: The current listing price of $765,000 is significantly higher (10%) than the estimated property value of approximately $686,637, potentially impacting buyer interest and negotiation.

Compared to the nearby listings

Price:$765.0K vs avg $602.5K (+$162,500)88%
Size:1,762 sqft vs avg 1,648 sqft58%
Price/sqft:$434 vs avg $35975%

More Insights

Built in 1981 (44 years old).
Condition: Built in 1981, this property is well-maintained but shows significant signs of being outdated. The kitchen features dated oak cabinets, older white appliances (except for a newer stainless steel refrigerator), and dated tile countertops and backsplash. Bathrooms also present with dated vanities, mirrors, and tile work. While clean and functional, the overall aesthetic, including carpets, light fixtures, and general finishes, reflects its age and has not undergone a major modern renovation. It is move-in ready but would benefit from substantial cosmetic updates to meet current buyer expectations.
Year Built
1981
Close
-
List price
$765K
Original List price
$775K
Price/Sqft
$434
HOA
-
Days on market
-
Sold On
-
MLS number
CV25240891
Home ConditionFair
Features
Pool
Spa
Patio
View-

About this home

Welcome to 1556 Gary Lane, a stunning single story pool home in Redlands that offers both comfort and flexibility. This residence features 4 bedrooms and 2 bathrooms, though it is currently set up as a 3 bedroom layout to maximize living space. With approximately 1,762 sq ft of interior living area and situated on a generous 10,000 sq ft lot, the home provides plenty of room inside and out. Inside, you’ll find spacious living areas filled with natural light, a cozy fireplace, and a versatile floorplan that allows you the option to easily reconfigure back to four bedrooms if desired. The kitchen and bathrooms are well appointed, and the home flows effortlessly to the backyard, perfect for indoor outdoor living and entertaining. Outside, enjoy professionally landscaped grounds, a sparkling swimming pool, mature trees, and lush greenery, ideal for family gatherings or quiet relaxation. The oversized lot also offers room for future outdoor projects or expansion. Additional highlights: • 3 car attached garage • Located in a desirable Redlands neighborhood • Close to schools, parks, shopping, and freeway access Don’t miss this opportunity to own a beautiful single story pool home that combines comfort, style, and functionality in one of Redlands’ most sought after areas.

Condition Rating
Fair

Built in 1981, this property is well-maintained but shows significant signs of being outdated. The kitchen features dated oak cabinets, older white appliances (except for a newer stainless steel refrigerator), and dated tile countertops and backsplash. Bathrooms also present with dated vanities, mirrors, and tile work. While clean and functional, the overall aesthetic, including carpets, light fixtures, and general finishes, reflects its age and has not undergone a major modern renovation. It is move-in ready but would benefit from substantial cosmetic updates to meet current buyer expectations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 1762.
Exceptional Outdoor Living & Amenities: Features a sparkling swimming pool, professionally landscaped grounds, mature trees, and lush greenery on a generous 10,000 sq ft lot, ideal for entertaining and relaxation.
Flexible & Spacious Floorplan: Offers a versatile 4-bedroom (currently configured as 3) layout with spacious living areas and natural light, providing adaptability for various family needs.
Prime Redlands Location: Situated in a desirable Redlands neighborhood with convenient access to schools, parks, shopping, and freeway, enhancing lifestyle and commute.
Ample Parking & Storage: Includes a valuable 3-car attached garage, offering significant space for vehicles, storage, or potential workshop use.
Single-Story Design & Well-Maintained Interiors: A sought-after single-story layout with well-appointed kitchen and bathrooms, and a cozy fireplace, suggesting comfortable and updated living.

Cons

Overpriced Relative to Market Estimation: The current listing price of $765,000 is significantly higher (10%) than the estimated property value of approximately $686,637, potentially impacting buyer interest and negotiation.
Recent Price Reduction: A recent price drop from $775,000 to $765,000 suggests the initial pricing may have been too high or that the property is experiencing slower market absorption.
Absence of a Desirable View: The property explicitly states 'view: None,' which could be a drawback for buyers seeking scenic vistas, especially in a region where views can add significant value.

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